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INTERNAL AUDIT & RISK ADVISORY

Enterprise Risk Management

Professional, accurate, and FTA-compliant solutions optimized specifically for your Enterprise Risk Management requirements in the UAE.

360°
Risk View
Strategic
Alignment
Quantified
Exposures
Proactive
Mitigation

Enterprise Risk Management (ERM)

Fincore helps organizations build or mature ERM frameworks that securely link corporate strategy to risk appetite. We ensure that risk management is embedded into your daily decision-making, rather than just being an annual compliance exercise.

We map out comprehensive risk registers, quantify key operational and financial exposures, and implement monitoring dashboards so your leadership can make informed, risk-aware strategic decisions.

ERM Framework Development

Structuring your approach to corporate uncertainty.

01

Risk Appetite Structuring

Helping the Board and senior management define exactly how much risk the organization is willing to take to achieve its strategic goals.

02

Risk Identification & Mapping

Conducting workshops to identify strategic, financial, operational, and compliance risks, compiling them into a central Risk Register.

03

Risk Quantification

Applying financial modeling and probability assessments to estimate the potential cost of top-tier risks if they were to materialize.

04

ERM Reporting Dashboards

Designing Key Risk Indicator (KRI) dashboards that give management an early warning system when risks exceed acceptable thresholds.

ERM Deliverables

Tools to manage corporate uncertainty.

Documented ERM Framework & Policy.
Comprehensive Corporate Risk Register.
KRI Monitoring Dashboard.

ERM FAQs

Find answers to the most common questions about our Enterprise Risk Management services in the UAE.

What is the difference between a risk and an issue?+
A risk is an uncertain future event that could negatively impact objectives. An issue is a problem that is happening right now and requires immediate resolution.
Who owns the risks in the ERM framework?+
We help establish a 'Three Lines of Defense' model, ensuring that specific business unit managers (the first line) actually own and manage the risks, rather than just the risk department.
How often should the Risk Register be updated?+
The Risk Register should be a living document, formally reviewed by management at least quarterly, or immediately following a major market or operational shift.
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